In what lenders say is the largest community bank collaboration ever, 68 midwestern banks have teamed up to fund a $49.5 million syndicated loan financing the purchase of a Wisconsin resort hotel.

Tama State Bank, a $63 million-asset institution in Marshalltown, Iowa, took $700,000 of the loan, which was arranged by Bankers' Bank of Madison, Wis. Participating in large loans has helped reduce Tama's dependence on agriculture lending from about 85% of its portfolio in the 1980s to 8% today, said William J. Beohm, its president and chief executive officer.

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